Applications Accepted for Renewable Energy Projects across Alaska

(Anchorage) – The Alaska Energy Authority (AEA) released a request for applications for the Renewable Energy Grant Fund. Applications must be received by AEA by 5 p.m. on Sept. 22, 2014.

The Renewable Energy Grant Fund was created in 2008 by the Alaska State Legislature to provide funding for renewable energy projects that can provide economic benefit and local energy sources to Alaska communities. Applications undergo a thorough technical and economic evaluation.

“The Renewable Energy Grant Fund places Alaska at or near the forefront of the 50 states in funding for renewable energy,” said Sara Fisher-Goad, executive director.

“Alaska has a goal of 50 percent renewable power by 2025 and this program is advancing viable and successful renewable projects across the state,” continued Fisher-Goad.

This is the eighth round of Renewable Energy Grant Fund applications. The Legislature authorized AEA to manage the application process, project evaluations and recommendations, completion of grant agreements and disbursement of funds to grantees. In 2012 the Legislature extended the program for an additional ten years.

In 2013, 86 applications were received and nearly $23 million was awarded to 28 projects. Prior to that, $227.5 million had been provided to 251 projects statewide. Projects include wind, hydro, biomass, solar, transmission and integration to existing fossil-fueled units.

Additional information about the application process can be found online at AkEnergyAuthority..org or by calling the Alaska Energy Authority at 1-888-300-8534 or 771-3044.

The Alaska Energy Authority is a public corporation of the state with a mission to reduce the cost of energy in Alaska. This mission is achieved by investing in Alaska’s infrastructure; diversifying Alaska’s energy portfolio; energy planning and policy; and training and technical assistance. AkEnergyAuthority.org.